Going bananas

“Now we cannot produce enough bananas to supply China”


Philippines Defence Secretary Delfin Lorenzo tells the Financial Times that the rapprochement of his country’s president late last year with his Chinese counterpart has led to big economic gains. President Rodrigo Duterte put disputes over the South China Sea on the backburner during his state visit to Beijing and Lorenzo says “According to the Chinese, they told Duterte that any product we produce they will buy”.

© ChinTell Ltd. All rights reserved.

Sponsored by HSBC.

The Week in China website and the weekly magazine publications are owned and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.